Understanding governance as it applies to port- folios, programs and projects is growing in importance to organizations because appropriate governance is a factor in the success or failure of
strategic initiatives and portfolios, as well as an organization’s programs and projects.

Implementing an effective governance framework can be
challenging due to factors such as increasing business com-plexities, regulatory requirements, globalization, and rapid
changes in technology and business environments. Many
organizations do not have a consistent approach to portfolio, program and project governance.

PMI’s Governance of Portfolios, Programs, and Projects:
A Practice Guide, developed by leading experts in the
field, provides guidance to organizations and practitioners on how to implement or enhance governance on
portfolios, programs and projects. This practice guide
provides definitions for governance in an effort to distinguish the different levels of governance and to identify
their common elements.

This practice guide:n Can be used by senior executives, functional managersand senior leadership as a reference for portfolio, pro-gram and project governancen Presents the definition, implementation and managementof effective portfolio, program, project and organizationalproject management governancen Shares leading practices for creating a governanceframeworkn Has guidance for most organizations that may be imple-menting or enhancing governance for portfolios, pro-grams and projectsn Shares practices for creating a governance framework

Project Management Institute, 2016, ISBN: 9781628250886, paperback,

122 pages, $27.95 Member, $34.95 List Price
Featured Books

This practice guide provides
definitions for governance in an
effort to distinguish the different
levels of governance and to
identify their common elements.